The median contractor rate for an IT Business Analyst was £600 per day in advertised job vacancies in London during the 3 months to 24 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

IT Business Analyst
England / London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 338 334 325
Rank change year-on-year -4 -9  
Contract jobs requiring an IT Business Analyst 74 94 97
As % of all contract IT jobs advertised in London 0.36% 0.43% 0.41%
As % of the Job Titles category 0.38% 0.46% 0.44%
Number of daily rates quoted 57 79 74
Median daily rate £600 £500 £556
Median daily rate % change year-on-year +20.00% -10.11%  
90% offered a daily rate of more than £403 £300 £375
10% offered a daily rate of more than £700 £600 £625
UK excluding London median daily rate £406 £350 £400
% change year-on-year +16.07% -12.50%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £37.50 -
UK excluding London median hourly rate £30.75 £26.50 -
% change year-on-year +16.03% -  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19396 20655 22146
As % of all contract IT job vacancies advertised in London 94.88% 95.29% 94.65%
Number of daily rates quoted 13838 14981 15430
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £601
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 242 228 376
Median hourly rate £19.82 £17.94 £18.70
Median hourly rate % change year-on-year +10.46% -4.05%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

IT Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured IT Business Analyst in the job title.

Job vacancy trend for IT Business Analyst in London

IT Business Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IT Business Analyst in London.

Contractor daily rate trend for IT Business Analyst in London

IT Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing IT Business Analyst in London over the 3 months to 24 June 2017.

Contractor daily rate histogram for IT Business Analyst in London

IT Business Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing IT Business Analyst in London.

Contractor hourly rate trend for IT Business Analyst in London

IT Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT Business Analyst within the London region over the 3 months to 24 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +4 17 £600 +9.09% 6
Docklands, London - 4 £600 -
Canary Wharf - 1 £450 -
IT Business Analyst
England

IT Business Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 24 June 2017, IT Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring IT Business Analyst in the job title.

1 83 (55.70%) Banking
2 66 (44.30%) Business Analysis
3 46 (30.87%) Finance
4 42 (28.19%) Investment Banking
5 38 (25.50%) Agile Software Development
6 30 (20.13%) SQL
6 30 (20.13%) MiFID
7 29 (19.46%) Front Office
8 27 (18.12%) Derivative
9 19 (12.75%) Equities
9 19 (12.75%) Stakeholder Management
9 19 (12.75%) Project Management
10 16 (10.74%) Migration
10 16 (10.74%) Fixed Income
11 15 (10.07%) GAP Analysis
12 14 (9.40%) User Acceptance Testing
13 13 (8.72%) Change Management
13 13 (8.72%) Market Risk
13 13 (8.72%) SDLC
14 12 (8.05%) Electronic Trading
14 12 (8.05%) Degree
15 11 (7.38%) Microsoft
15 11 (7.38%) Asset Management
15 11 (7.38%) Data Analysis
15 11 (7.38%) Investment Management
15 11 (7.38%) Use Case
15 11 (7.38%) User Stories
15 11 (7.38%) Analytical Skills
16 10 (6.71%) JIRA
17 9 (6.04%) Scrum

IT Business Analyst Skill Set
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (2.68%) SharePoint
2 3 (2.01%) Confluence
3 2 (1.34%) Oracle Workflow
Applications
1 7 (4.70%) MS Visio
2 5 (3.36%) Microsoft Excel
2 5 (3.36%) Microsoft Office
3 2 (1.34%) Microsoft PowerPoint
Business Applications
1 3 (2.01%) Dynamics CRM
2 2 (1.34%) ION MarketView
2 2 (1.34%) TrackWise
3 1 (0.67%) Bloomberg TOMS
3 1 (0.67%) Eagle PACE
3 1 (0.67%) Endur
3 1 (0.67%) Markit EDM
Cloud Services
1 1 (0.67%) Cloud Computing
Communications & Networking
1 1 (0.67%) Firewall
Database & Business Intelligence
1 2 (1.34%) Big Data
1 2 (1.34%) Data Warehouse
1 2 (1.34%) Hadoop
1 2 (1.34%) Oracle Database
1 2 (1.34%) SQL Server
2 1 (0.67%) Blockchain
2 1 (0.67%) Microsoft Analysis Services
2 1 (0.67%) MS Access
2 1 (0.67%) PostgreSQL
2 1 (0.67%) QlikView
2 1 (0.67%) SQLPlus
Development Applications
1 10 (6.71%) JIRA
2 2 (1.34%) Jenkins
2 2 (1.34%) Team Foundation Server
2 2 (1.34%) Visual Studio
3 1 (0.67%) JIRA Agile
General
1 83 (55.70%) Banking
2 46 (30.87%) Finance
3 42 (28.19%) Investment Banking
4 29 (19.46%) Front Office
5 6 (4.03%) Back Office
5 6 (4.03%) French Language
6 5 (3.36%) Retail
7 4 (2.68%) Legal
7 4 (2.68%) Pharmaceutical
8 3 (2.01%) Law
8 3 (2.01%) Private Banking
8 3 (2.01%) Telecoms
9 2 (1.34%) Financial Institution
10 1 (0.67%) General Ledger
10 1 (0.67%) International Banking
10 1 (0.67%) Marketing
Libraries, Frameworks & Software Standards
1 6 (4.03%) FIX Protocol
2 4 (2.68%) XML
3 2 (1.34%) .NET
3 2 (1.34%) FpML
3 2 (1.34%) Murex MxML
4 1 (0.67%) Web Services
Miscellaneous
1 27 (18.12%) Derivative
2 19 (12.75%) Equities
3 16 (10.74%) Fixed Income
4 13 (8.72%) Market Risk
5 11 (7.38%) Analytical Skills
6 7 (4.70%) Foreign Exchange (FX)
7 5 (3.36%) Computer Science
7 5 (3.36%) Fintech
8 4 (2.68%) Credit Risk
8 4 (2.68%) Equity Derivative
8 4 (2.68%) SWIFT
8 4 (2.68%) Virtual Team
9 2 (1.34%) Management Information System
9 2 (1.34%) PMI
10 1 (0.67%) AS400
10 1 (0.67%) Enterprise Software
10 1 (0.67%) Mobile App
10 1 (0.67%) NHS
10 1 (0.67%) Reference Data
10 1 (0.67%) Social Media
Operating Systems
1 1 (0.67%) Linux
Processes & Methodologies
1 66 (44.30%) Business Analysis
2 38 (25.50%) Agile Software Development
3 19 (12.75%) Project Management
3 19 (12.75%) Stakeholder Management
4 16 (10.74%) Migration
5 15 (10.07%) GAP Analysis
6 14 (9.40%) User Acceptance Testing
7 13 (8.72%) Change Management
7 13 (8.72%) SDLC
8 12 (8.05%) Electronic Trading
9 11 (7.38%) Asset Management
9 11 (7.38%) Data Analysis
9 11 (7.38%) Investment Management
9 11 (7.38%) Use Case
9 11 (7.38%) User Stories
10 9 (6.04%) CRM
10 9 (6.04%) Scrum
10 9 (6.04%) Test Scripting
11 7 (4.70%) Waterfall
11 7 (4.70%) Workflow
Programming Languages
1 30 (20.13%) SQL
2 2 (1.34%) Java
2 2 (1.34%) R
3 1 (0.67%) C
3 1 (0.67%) C++
3 1 (0.67%) PL/SQL
3 1 (0.67%) RPG
Qualifications
1 12 (8.05%) Degree
2 4 (2.68%) ISEB
2 4 (2.68%) Master's Degree
3 3 (2.01%) PMP
4 2 (1.34%) Computer Science Degree
4 2 (1.34%) PMI Certification
5 1 (0.67%) CISSP
5 1 (0.67%) ISSAP
5 1 (0.67%) MBA
5 1 (0.67%) Security Cleared
Quality Assurance & Compliance
1 30 (20.13%) MiFID
2 9 (6.04%) Dodd-Frank
3 8 (5.37%) EMIR
4 4 (2.68%) GxP
4 4 (2.68%) QA
5 2 (1.34%) GDPR
5 2 (1.34%) SEPA
6 1 (0.67%) AIFMD
6 1 (0.67%) Basel III
6 1 (0.67%) Data Quality
6 1 (0.67%) FINREP
6 1 (0.67%) Solvency II
System Software
1 1 (0.67%) Docker
Systems Management
1 1 (0.67%) Kubernetes
Vendors
1 11 (7.38%) Microsoft
2 9 (6.04%) Fidessa
3 7 (4.70%) Oracle
4 4 (2.68%) Bloomberg
5 3 (2.01%) ION Trading
5 3 (2.01%) Murex
5 3 (2.01%) ServiceNow
6 2 (1.34%) CyberArk
6 2 (1.34%) Salesforce.com
6 2 (1.34%) SAP
6 2 (1.34%) Sophis
7 1 (0.67%) Atlassian
7 1 (0.67%) Charles River
7 1 (0.67%) iManage
7 1 (0.67%) Misys
7 1 (0.67%) Progress
7 1 (0.67%) Sitecore
7 1 (0.67%) Tradeweb
7 1 (0.67%) Yardi
City, London
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Rate: £300 - £400 per day
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